BWXT Awarded An Engineering Contract From TerraPower For The Natrium Demonstration Project; No Financial Terms Disclosed

BWX Technologies, Inc. (NYSE:BWXT) today announced a contract with TerraPower to design the Intermediate Heat Exchanger for the Natrium Demonstration Project. The Natrium technology is a 345-megawatt sodium fast reactor

BWX Technologies, Inc. (NYSE:BWXT) today announced a contract with TerraPower to design the Intermediate Heat Exchanger for the Natrium Demonstration Project.

The Natrium technology is a 345-megawatt sodium fast reactor coupled with a molten salt-based integrated energy storage system. The Intermediate Heat Exchanger is a critical component of the Natrium advanced reactor. It transfers heat from the primary sodium in the primary heat transport system to the intermediate heat transport system. This work will start from conceptual design, preliminary design and final detailed design activities of the Intermediate Heat Exchanger, and be performed by BWXT Canada Ltd. in Cambridge, Ontario.

“BWXT has the required experience and expertise in commercial nuclear innovation to serve the fast-growing global advanced reactor market,” said John MacQuarrie, president of BWXT Commercial Operations. “We are pleased to work with TerraPower to execute this contract and look forward to meeting our commitments while expanding our role in accelerating the supply of clean energy in North America.”

In November 2021, TerraPower announced Kemmerer, Wyoming as the preferred site for the Natrium Demonstration Project, one of two competitively-selected advanced reactor demonstration projects (ARDP) supported by the U.S. Department of Energy (DOE). Successful design of the Intermediate Heat Exchanger by BWXT Canada Ltd. is key to the planned achievements of the Natrium Demonstration Project’s power generation.

BWXT is a global leader in the design, manufacture and service of commercial nuclear components. As a result of its investments in people and facilities, BWXT has become an essential partner in the delivery of nuclear projects, supporting customers’ commitment to generating clean, reliable, low-cost electricity for communities and businesses.

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